USD/JPY | A bit of bounce before dropping further?U.S. Dollar / Japanese YenFOREXCOM:USDJPYAmirAliTradingBy analyzing the Daily chart of USDJPY we can see that last week, USDJPY dropped massively, from 163.99 all the way to 155.22 today! Before that, as it surged, it swept away an Old Major Buyside Liquidity pool from July 3rd 2024, above the 161.95 level. As you can see clearly, USDJPY managed to bounce back up from Bullish Rejection Block, currently being traded at around 156.90 level. From here on, Ninja could go higher towards the Daily FVG Low at 159.44 level, and I expect it to be rejected by it, dropping lower and continue its bearish movement towards the 155.03 and 153.99 sellside liquidity pools respectively. However, if news come out regarding the war restarting or President Trump tweets something 😁 it may change the market outlook, but so far it seems that the war is put on hold for US and IR to reach a peace deal and end the war once and for all.